Why sign up – Advise on the past performance of a potential tenant.

The Problem

Far too often letting agents, property managers, accommodation providers and private landlords have had to deal with unscrupulous tenants. The continuous hassle, stress, loss of revenue etc is totally unacceptable.

The Solution

Tenant Check Spain
A unique database compiled by property professionals and private landlords which is specific to a tenants’ previous history.

Who better to advise on the past performance of a potential tenant than the previous letting agent or landlord. This first hand information is now available to you so that you can make an informed decision prior to signing a tenancy agreement with a potential applicant.

For full details of the benefits received please click on the relevant box below.
 

Agent Benefits

Landlord Benefits

Case Study

The following is an example of what could happen if tenant screening is ignored.

Think about it …

A tenant approaches you, seems respectable and nice, and agrees to rent your property for 11 months for 700 euros a month. Contracts are signed and he pays you the first months rent and one months deposit. All seems well.

However it comes to the second month and the rent is not paid. You give him the benefit of the doubt and allow an extra few days. Still no rent payment. You contact him and he says he has had a few problems but that the rent will be paid within the next week. The deadline comes and goes and still no payment. He then starts avoiding your phone calls and won’t answer the door to you. Now the third months rent is due and still no payment so you consult a lawyer. You are informed that to start legal action will cost you 300 euros. You pay as you want this tenant out and get your property back. You are now into the fourth month and to date you are 2400 euros out of pocket.

Finally the tenant contacts you to say he has left the property so you enter to find it is filthy, your TV and DVD player are missing and your sofa is damaged beyond repair. The cost to clean and replace these items totals 1800 euros but you only have 700 euros in deposit money.

Therefore the financial cost to you is 3500 euros plus over four months of stress and worry and you only earned 700 euros from the rental, which of course you had to spend on bringing the property back up to a reasonable standard.

This is just one example of what could happen.

As a landlord would you want a delinquent tenant in your property, not paying rent or causing damage?

As a letting agent or accommodation provider would you want an unsatisfied owner who could ruin the reputation of your business, because you placed a bad tenant in their property?

No, of course you don’t.

Respectable landlords and letting agents should not have to deal with this problem.

So how do you avoid this situation?

Tenant Check Spain, a Tenant Check Worldwide company

By becoming a member you will be joining a global network – Tenant Check Worldwide.

With the increasing number of people migrating to other countries it is now even more important to conduct tenant referencing in order to check their integrity as a tenant sooner rather than later.

Then when your tenant vacates you can share your experience on our system, thus benefiting other members.

Finally

Although the primary concern of Tenant Check Worldwide is to forewarn members of any potential problems that they may encounter with a particular applicant, we also believe that experiences with good tenants should also be shared.

Good tenants do exist and this site allows previous letting agents or landlords to promote these individuals so that they receive preferential treatment when renting again.

For more information please click on the links below:

How does it work?

Pricing

Examples

FAQ's